Thanks for each of your suggestions. I appreciate your expertise!

Hi , I am looking for some advice and hope someone here can give me some insight. I have a positive cash flow property in Edmonton (Ritchie) which I am considering selling. It is a nice property, great lot, with excellent long term tenants. However, it has a lot of deferred maintenance...

QUOTE (Luong98 @ Jul 6 2010, 12:42 AM) The crime rate in Ritchie and surrounding neighborhoods is one of the highest in Edmonton and that`s due primary to Whyte Ave. The police has put more patrols during the summer months and special events and is still a great neighborhood for renters and...

QUOTE (DaveRhydderch @ Jul 5 2010, 11:32 AM) I don`t know about the area (I`m Calgarian too), but a couple of thoughts. 1. I think you can evaluate the area. Walk the streets, get stats on crime and incomes in the area (likely available from the city). How has it changed since you first bought...

QUOTE (brentdavies @ Jul 5 2010, 11:34 AM) I am assuming the property is in Edmonton. Many of the homes in this neighborhood were constructed in early 1900`s. Is your foundation concrete or brick? Is water penetration an issue? Does the house show signs of shifting or settlement, (...

Hi all, for my first purchase as a REIN member I bought a really bad house in Ritchie. It was painted up nice but I was talked out of the inspection at the height of the boom and due to my inexperience/excitement I went ahead with the deal. I have put so much money into the place just to keep...